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USA - Vilsack announces more direct loans to farmers

Agriculture Secretary Tom Vilsack Thursday announced that $760 million from the Supplemental Appropriations Act signed by President Obama is available for approved but previously unfunded USDA direct farm ownership and operating loans throughout the country.
20 July 2009
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Agriculture Secretary Tom Vilsack Thursday announced that $760 million from the Supplemental Appropriations Act signed by President Obama is available for approved but previously unfunded USDA direct farm ownership and operating loans throughout the country.

Producers can use Direct Farm Ownership loans to buy farmland, construct or repair buildings and other fixtures, and promote soil and water conservation. Operating Loans may be used to purchase items such as livestock, farm equipment, feed, seed, fuel, farm chemicals, insurance, and other operating expenses.

http://www.usagnet.com/story-national.php?Id=1498&yr=2009

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